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September 01, 2015 8:51 AM ET

Commercial Services and Supplies

Company Overview of Adler Tank Rentals, LLC

Company Overview

Adler Tank Rentals, LLC provides tank and container rental services for the storage of hazardous and non-hazardous liquids and solids. It offers frac (closed and open top), weir, vacuum, storage, mobile and emergency liquid, storm water, hazardous and industrial waste, environmental, industrial, solutions and waste storage, hazardous solution storage, emergency response, ISO, OSHA, and NOSHAP tanks; roll-off water-tight, trash, dewatering, and vacuum containers/boxes; and steam coils, separation weirs, spill containment berms, and mixer tanks. The company’s products are used in industrial plant, oil and gas field service, environmental, and construction applications in the United States. It ...

260 Mack Place

South Plainfield, NJ 07080

United States

Founded in 1998

Phone:

908-462-9800

Fax:

908-561-6474

Key Executives for Adler Tank Rentals, LLC

Adler Tank Rentals, LLC does not have any Key Executives recorded.

Adler Tank Rentals, LLC Key Developments

Adler Tank Rentals Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Adler Tank Rentals announced unaudited earnings results for the second quarter and six months ended June 30, 2015. Rental revenues declined by $1.0 million for the quarter, or 5% to $17.7 million from a year ago due to $2.2 million and depreciation expense increased 5% to $4.0 million. EBIT for the quarter decreased $1.2 million, or 18%, to $5.5 million from a year ago. The higher percentage decrease in EBIT at 18% as compared to rental revenues at 5% for the quarter was primarily a result of lower profit on rental related services, higher loss on equipment sales, and higher depreciation expense, partially offset by lower equipment preparation costs, all from a year ago. For the second quarter of 2015, it reported an 18% decrease in income from operations to $5.5 million. For the six months, rental revenues were $34,719,000 and gross profit was $22,279,000 against rental revenues of $35,843,000 and gross profit of $23,457,000 for the same period a year ago.

Adler Tanks Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Adler Tanks announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenues of $26,750,000 compared to $23,040,000 a year ago. Income from operations was $6,587,000 compared to $5,465,000 a year ago. Rental revenue was $19,526,000 against $17,841,000 a year ago. For the year, the company reported total revenues of $100,788,000 compared to $93,940,000 a year ago. Income from operations was $26,028,000 compared to $26,432,000 a year ago. Rental revenue was $74,098,000 against $71,162,000 a year ago.

Adler Tank Rentals, LLC Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Adler Tank Rentals, LLC reported unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total revenues of 25.77 million against $23.32 million a year ago. Total gross profit was $14.89 million against $12.55 million a year ago. Income from operations was at $8.51 million against $7.61 million reported last year. Rental revenues were at $19.14 million against $16.89 million. Rental revenues increase was partly offset by a 22% increase in other direct costs to $2.5 million and a 17% increase in depreciation expense to $3.5 million. For the nine months, the company reported total revenues of $70.9 million against $64.06 million a year ago. Total gross profit was $39.44 million against $38.55 million a year ago. Income from operations was at $20.97 million against $23.21 million reported last year. Rental revenues were at $53.32 million against $49.12 million reported last year.

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